Garmin
GRMN
326 hedge funds and large institutions have $2.93B invested in Garmin in 2016 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 124 increasing their positions, 96 reducing their positions, and 42 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 96
23% more call options, than puts
Call options by funds: $55M | Put options by funds: $44.7M
3% more capital invested
Capital invested by funds: $2.84B → $2.93B (+$91.9M)
5% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 42
2% less funds holding
Funds holding: 333 → 326 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$26M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$24.1M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$17.9M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$14.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$38.8M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$19.4M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$16.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$16M |
GRMN Hedge Fund Activity: Q2 2016 in Review
326 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q2 2016, worth a combined $2.93B — up 3.2% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of GRMN and 40 opened new positions — a net loss of 2 holders — while 96 trimmed existing stakes and 124 added.
The largest buyer was Invesco, adding an estimated $26M. The largest seller was Deutsche Bank, cutting an estimated $40.7M.
- 326 institutional investors held Garmin (GRMN) as of Q2 2016, down from 333 in Q1 2016.
- Funds reported $2.93B of Garmin stock for Q2 2016, up 3.2% quarter-over-quarter.
- 40 funds opened new Garmin positions in Q2 2016 and 42 closed out, a net change of -2 holders.
- The largest Garmin buyer in Q2 2016 was Invesco, an estimated $26M added.
- The largest Garmin seller in Q2 2016 was Deutsche Bank, an estimated $40.7M sold.
Based on aggregated 13F filings for Q2 2016.